Business / In Brief • Sept. 10, 2014
HONOLULU – A former teller for the Honolulu bus system credit union has been sentenced to 13 months in prison for embezzling more than $350,000.
The Honolulu Star-Advertiser reports 41-year-old Jenny Nishida was sentenced Monday in federal court and ordered to pay restitution of $330,459 to the OTS Employees Federal Credit Union’s insurer.
Oahu Transit Services operates the city bus system.
Nishida in May pleaded guilty to making 122 illegal payments into credit card accounts belonging to her or her family from 2009 to 2011.
Credit union board Vice Chairman Luis Navarro says it’s the greatest loss the credit union has experienced.
He says expenses grew because of the investigation and because the credit union defended itself against Nishida’s attempt to file for bankruptcy and avoid repaying the money.